<span item_type="fundamental" item_id="c89ca9a65f2ed81bb75bb1d5ba13c991" counter_id="ST/US/GSRT" env="prod"></span><span item_type="announcement" item_id="516467575924726657" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.04.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on effecting a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended March 31, 2025, the company reported a net income of $1,163,020, primarily due to non-operating income from interest and dividends earned on investments held in the trust account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li><li><strong>General and Administrative Expenses</strong>: The company incurred $1,260,265 in general and administrative expenses for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: The net cash used in operating activities for the three months ended March 31, 2025, was - $459,181.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li><li><strong>Cash and Cash Equivalents</strong>: As of March 31, 2025, the company had $1,327,852 in cash held outside of the trust account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest and Dividends</strong>: The company earned $2,423,265 in interest and dividends from investments held in the trust account for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to complete a business combination before the mandatory liquidation date and has entered into a business combination agreement with Terra Innovatum s.r.l., which will result in the company becoming a wholly owned subsidiary of a Dutch public limited liability company.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li><li><strong>Going Concern Consideration</strong>: There is substantial doubt about the company’s ability to continue as a going concern if it does not complete a business combination within the required timeframe.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2029023/000121390025044227/ea0241891-10q_gsr3acq.htm"></span></li></ul>

GSRT

GSR III Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.04